Category Archives: Company News

NMB Bank takes its corporate social responsibility (CSR) seriously, working with various groups to enhance the welfare of members of society. Its emphasis on corporate social responsibility has seen it assisting a number of community projects, including projects initiated by various religious denominations. We attach the supplement on the CSR activities that the Bank has […]

NMB Bank is now offering school fees loans to working parents, no matter what the school their children is attending, enabling them to ensure that school fees are paid in full and on time. The loan is available to both existing and new customers and once approved, the banks pays the school fees directly to […]

The Board of Directors of NMBZ Holdings Limited announces with regret that Mr James A. Mushore will step down as Chief Executive Officer and Director of NMBZ Holdings and NMB Bank due to ill health, effective 31 October 2014. Mr Mushore served as the Group Chief Executive Officer since he re-joined NMBZ Holdings in 2010. […]

We refer to the Press Release by Zimbabwe Banks and Allied Workers Union (ZIBAWU) in the Daily News of 4 July 2013 regarding the above issue and advise as follows: NMB Bank’s non-managerial staff are members of ZIBAWU, and it is most unfortunate that ZIBAWU has chosen to single out NMB Bank when in fact […]

Harare, 11-04-2013 – During a ceremony held at NMB head office in Harare, FMO (the Netherlands Development Finance Company) and Africlnvest (a pan-African investment group) signed agreements, each for the purchase of 8.99% of NMBZ’s shares. This issuance of new shares is meant to help NMB Bank strengthen its capital base, supporting the growth of […]

THE Norwegian Investment Fund for Developing Countries (Norfund) has extended a $1,4 million loan facility to NMBZ Holdings Limited for on-lending to small and medium enterprises in Zimbabwe. Speaking at the signing ceremony yesterday, Norfund investment director (head of department financial institutions) Deepak Malik said Africa was the investment fund’s number one investment destination. “We […]

We are pleased to announce the launch of our new corporate and investor relations website. Designed with functionality in mind, our website provides an easy way for customers, stakeholders or investors to contact us and receive a quick response on any of your banking or investing queries or needs. We invite you to register to […]

NMB Bank, which recently announced pleasing year-end results for 2011, is proud to bring the NMB Bank Recital Room to Hifa again this year. The NMBZ Group has a long history of supporting the arts in this country, and returned to the list of Hifa Investors in 2011 to back the Hifa classical music programme’s […]

NMBZ Holdings Limited says focus for 2012 and beyond would be on increasing lines of credit to drive future growth in the wake of liquidity challenges prevailing on the market. “We are very cognisant of the fact that future growth in capacity will come from credit lines. We concluded a US$10 million facility last year […]

NMBZ Holdings Ltd’s earnings surged 433% in the full year to 31 December 2011, with the basic earnings per share increasing to US 0,16 cents after the group posted an after tax profit in the period of US$4,5 million. The solid performance was buoyed by the stellar performance by NMB Bank, which recorded significant increases […]